First Trust Intl Multi-Asset Diversified Inc (FID)

Overview

First Trust International Multi-Asset Diversified Income Index Fund (YDIV) seeks investment results that correspond generally to the price and yield (before fees and expenses) of an equity index called the NASDAQ International Multi-Asset Diversified Income Index. The fund invests in dividend-paying stocks, REITs, and other asset classes from developed countries outside the U.S.

Reputation and Reliability

First Trust is a well-established ETF issuer with a generally positive reputation for providing innovative and diverse investment products.

Management Expertise

First Trust has a team of experienced investment professionals who manage a variety of ETFs across different asset classes and investment strategies.

Goal

To provide current income by investing in dividend-paying securities from developed countries outside the United States.

Investment Approach and Strategy

Strategy: The ETF tracks the NASDAQ International Multi-Asset Diversified Income Index, which is composed of dividend-paying stocks, REITs, and other asset classes from developed countries outside the U.S.

Composition The fund holds a mix of dividend-paying equities, REITs, and other income-generating asset classes from international developed markets.

Market Share: Data unavailable to provide market share.

Total Net Assets (AUM): 70070000

Key Competitors

• VYMI
• SCHF
• VEA

Competitive Landscape

The competitive landscape includes broad international equity ETFs and dividend-focused international ETFs. YDIV's advantage lies in its multi-asset approach, which may offer diversification benefits compared to pure equity funds. A disadvantage is that YDIV is a small ETF and may be less liquid than competitors.

Historical Performance: Historical performance data requires a specific time period to be provided for analysis.

Benchmark Comparison: Benchmark comparison requires a specific benchmark to be provided for analysis.

Expense Ratio: 0.7

Average Trading Volume

The average trading volume of YDIV is relatively low compared to other international ETFs.

Bid-Ask Spread

The bid-ask spread for YDIV can fluctuate but tends to be moderate, reflecting its relatively lower trading volume.

Market Environment Factors

Economic indicators in developed international markets, interest rate policies, and currency fluctuations can all affect YDIV. Sector performance within these markets also plays a role.

Growth Trajectory

Growth depends on international economic growth, dividend yields from holdings, and investor demand for diversified income strategies. Changes to strategy and holdings are detailed in the fund's prospectuses and regulatory filings.

Competitive Edge

YDIV's multi-asset diversification approach within the international developed market space is a unique feature. This approach may allow it to offer a more stable income stream compared to single asset-class income funds. Its focus on income-generating assets can be attractive to income-seeking investors. The combination provides a potential advantage, though smaller size hinders liquidity.

Volatility

Volatility depends on the underlying asset mix and market conditions in international developed markets. Dividend-paying stocks and REITs can reduce volatility relative to growth stocks.

Market Risk

Specific risks include currency risk, political and economic instability in the developed countries, and sector-specific risks within its holdings (e.g., real estate market risks).

Ideal Investor Profile

Ideal investors are those seeking a diversified income stream from developed international markets. Those who understand and are comfortable with the risks associated with international investing and multi-asset strategies.

Market Risk

It's suitable for long-term investors looking for income diversification, or those looking to augment their overall international exposure. Less suitable for active traders due to lower liquidity.

First Trust International Multi-Asset Diversified Income Index Fund seeks to provide current income through a diversified portfolio of international dividend-paying stocks, REITs, and other assets. It offers a unique multi-asset approach, potentially offering diversification benefits. However, its lower trading volume and smaller size present liquidity considerations. Investors should carefully consider the expense ratio and risks associated with international investing before investing in this ETF.

• IDV
• DVY
• SDY
• VIGI
• EFV

Data Sources:

• First Trust Website
• ETF.com
• Bloomberg
• Morningstar

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and after consulting with a financial professional. Market data is subject to change.